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Weak Data Further Diminished Tapering Speculation, Syrian Tensions Supported Commodities

Financial markets dropped after receiving disappointing US durable goods orders. However, losses were contained later in the day as the data, together with the home sales data released last week, lowered the risks of the Fed’s tapering. Wall Street declined with the DJIA and the S&P 500 indices losing -0.43% and -0.40% respectively.

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Weak Data Further Diminished Tapering Speculation, Syrian Tensions Supported Commodities

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